Real estate blog entries tagged with market value by Cynthia Carley (Coldwell Banker Sky Ridge Realty)

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Home : Blogs : Cynthia Carley : Cynthia Carley's Blog : Tag "market value"

market value: Appraisers? - 03/13/08 07:49 PM

Have any of you experienced appraisal values being reduced by an arbitrary 20% because the market is declining??? With a reduction in the number of sales, and the declining 0prices, we are seeing some very arbitrary judgments in overall value. Just as we as REALTORS(R) have a fiduciary duty to price our listings properly, I would hope that appraisers would not be adjusting values just to stay safe! We are in a market where no two homes are alike; many adjustments must be made in order to arrive at comparability; and sales are few and far between. With everything else we are dealing … (1 comments)

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Cynthia Carley

Lake Arrowhead, CA

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Coldwell Banker Sky Ridge Realty

Office Phone: (909) 336-7922

Cell Phone: (909) 730-1745

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LAKE ARROWHEAD, CALIFORNIA

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